Profit You are a contractor and have purchased a piece of equipment for $26,500. The
Chapter 1, Problem 94(choose chapter or problem)
Profit You are a contractor and have purchased a piece of equipment for $26,500. The equipment costs an average of $5.25 per hour for fuel and maintenance, and the operator is paid $12.50 per hour.(a) Write a linear equation giving the total cost of operating the equipment for t hours. (b) You charge your customers $28 per hour of machine use. Write an equation for the revenue derived from t hours of use. (c) Use the formula for profit, to write an equation for the profit derived from hours of use. (d) Find the number of hours you must operate the equipment before you break even.
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